The Labor Department released its weekly unemployment report on Thursday. It showed about 211,000 workers filed for unemployment benefits in the week ending on December 28th. Here is the official Labor Department statement:
In the week ending December 28, the advance figure for seasonally adjusted initial claims was 211,000, a decrease of 9,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 219,000 to 220,000. The 4-week moving average was 223,250, a decrease of 3,500 from the previous week's revised average. The previous week's average was revised up by 250 from 226,500 to 226,750.
